Comments on: Temasek to Raise More Money From Bond Offering

By: hongjun

hongjun — Fri, 18 Feb 2011 17:11:10 +0000

I would rather buy equities.

By: lioninvestor

lioninvestor — Thu, 08 Apr 2010 18:16:04 +0000

I believe the minimum is S$250k.

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_656AAA8800F2223B482576F6003DBF7C/$file/SingTelguaranteednotes20103003.pdf?openelement

By: VSL

VSL — Thu, 08 Apr 2010 10:30:35 +0000

Pls provide link showing details of this Singtel bond offer? What is minimum amt? Tks.

By: Intheknow

Intheknow — Thu, 08 Apr 2010 02:16:28 +0000

For those interested…

Singtel (we all know who is the parent) has issued 10 year SGD denominated bonds paying 3.4875% coupons.

My opinion is that this is a much better deal considering it is in SGD, high coupons, and the credit risk is about the same from layman’s perspective.

disclaimer: although temasek notes are rated AAA and Singtel notes are rated AA, we know their relationship.

Cheers,
Intheknow

By: lioninvestor

lioninvestor — Thu, 11 Feb 2010 02:40:33 +0000

Hi Jasmin,

At the end of the day, it doesn’t really make a difference to Temasek whether it raised 1 bil from issuing bonds to 1000 investors or to 100000 investors.

But a 10k bond would allow the man in the street to take part in the offering. Whether that is a good or bad thing depends on each and every individual.